CBL Buys Big in Tar Heel State
June 22, 2015

CBL & Associates Properties Inc. has acquired the Mayfaire Town Center and Mayfaire Community Center, a Class A open-air center located in the affluent coastal market of Wilmington, N.C., from a partnership between BrodyCo Inc. and Zimmer Development Company for $192 million.

The acquisition also includes developable land accommodating up to 75,000 square feet of additional retail. Savills Studley Capital Markets Group represented the seller in the transaction...

CBL Buys Big in Tar Heel State

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